Visa is deepening its role in the digital asset economy by adding support for four new stablecoins across four different blockchains—a move aimed at broadening payment options and accelerating global money movement.
During the company’s fourth-quarter earnings call on Tuesday, Visa CEO Ryan McInerney announced the expansion, explaining that the stablecoins represent two different fiat currencies and can be converted into more than 25 traditional currencies across Visa’s network.
McInerney also shared that stablecoin-linked Visa card spending has quadrupled compared to the same quarter last year, reflecting a sharp rise in consumer and business use of blockchain-based payments.
The company’s growing focus on stablecoins follows a broader trend among established financial institutions embracing regulated digital currencies. Recent regulatory clarity in the United States regarding USD-pegged tokens has encouraged firms like Visa to integrate stablecoin capabilities more deeply into their operations.
In September, Visa launched a pilot program to test stablecoins for cross-border payments, allowing businesses to send funds internationally faster and with fewer intermediaries. Since 2020, Visa has reportedly facilitated over $140 billion in crypto and stablecoin transactions, including more than $100 billion in purchases of crypto and stablecoin assets using Visa credentials.
“We now have more than 130 stablecoin-linked card issuing programs in over 40 countries,” McInerney said, noting the company’s growing global footprint in the digital payments space.
He also revealed that Visa has begun enabling banks to mint and burn their own stablecoins, signaling an effort to support institutional adoption and infrastructure development.
As Visa strengthens its stablecoin integrations, the move underscores a larger shift in how traditional payment networks are positioning themselves in the evolving world of digital finance—bridging the gap between blockchain innovation and everyday financial transactions.
